BTC Short

4. Apr. 2021

Basic assessment of BTC by looking at market cycles along with recent indicators. Looking at price action in the recent days, it's easy to tell BTC has lost some steam in terms of volume and I strongly believe it's headed down. S1-S3 are support levels based on volume to look out for. If we see a bounce along S1, we can try to make another rally, but unlikely. I think we're headed down to S3 and should look for signs of push to 100k+ by end of year.